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Star Citizen's 'Everything Pack' Costs $48,000
(kotaku.com)
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this post was submitted on 05 Jan 2024
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There's a difference between being "a fraud" and being unsuccessful. Development continues, and people seem to like the direction it's going, so it's not like they abandoned the project and ran off with the money.
I think it's part scam, part poorly managed game, but I don't think it fits the legal definition of "fraud" since they've largely delivered on their promises, just incredibly slowly and inefficiently.